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Updated almost 10 years ago, 12/31/2014

User Stats

46
Posts
11
Votes
Joe Hughes
  • Investor
  • Triadelphia, WV
11
Votes |
46
Posts

Double closing question

Joe Hughes
  • Investor
  • Triadelphia, WV
Posted

I have a quick question; I have a SFH under contract, and there has been some deed issues that have caused the closing to be delayed. No big deal. My intent was to rehab and flip, but I have since came across a cash buyer who I can perhaps wholesale it to.

The buyer wants to tour the property.  The RE agent who sold it to me is hesitant to go through the exercise of driving out to the property, being present while I show it, then perhaps having to repeat the process if the buyer wants to see it again.  I certainly understand his position as he feels that he has already sold it, why would he waste time and effort to show it again.  The agent is the best in my area and we are starting out with a good relationship.  I don't want to sour it.  Also, in regards to the agent.  Since we were supposed to close 30+ days ago, and the title company is working thru the deed issue, what is a tactful way to tell him that I have decided to wholesale it and I now want to do a double closing?

The bottom line is that I am looking for some talking points for my discussion with the Realtor.  I believe in full disclosure and honesty, but I also want to be knowledagble in my conversation with him so that I do not get shot down due to my lack of knowledge on the subject.  

Any advice would be greatly appreciated.

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